A well-funded scheme is not necessarily a simple one, say DB leaders

Brightwell, USS and LGPS executives say robust governance is vital in current landscape

Alex Levy
clock • 2 min read
Left to right: Rachel Brothwood, Morten Nilsson, Melanie Duffield, Richard Law-Deeks (Photo: Daniel Graves Photography)
Image:

Left to right: Rachel Brothwood, Morten Nilsson, Melanie Duffield, Richard Law-Deeks (Photo: Daniel Graves Photography)

Surplus positions have added new expectations around governance, specialist expertise and operational resilience, according to leaders of defined benefit (DB) schemes.

Speaking on a panel at the Pensions UK Annual Conference last week, Brightwell chief executive Morten Nilsson said: "You might not be a simple scheme, even though you are suddenly well-funded." ...

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